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Hagerstown, MD Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Hagerstown, MD. Based on 10+ datapoints.

Hagerstown, MD Long-Term Rental Investment Snapshot

Based on 10+ long-term rental datapoints

Median Cap Rate

3.7%

Avg Cash on Cash

-9.9%

Median Cashflow

-$792/mo

Avg Rent Estimate

$2,207/mo

Avg Price

$400,645

Price Range

$219,900 - $552,400

Rent to Price

0.55%

low ratio

Positive Cashflow

15%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Hagerstown, MD

Hagerstown, MD is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.7%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 10+ analyzed properties, the median monthly cashflow in Hagerstown, MD is -$792 with average rents of $2,207/month. Properties range from $219,900 to $552,400, offering entry points across multiple investment budgets.

335 Yorkshire Dr, Hagerstown, MD 21740

Price

$255,300

Rent

$1,986

CachFlow

-$115

CoC

-2.57

Full Analysis

20115 Teakwood Dr, Hagerstown, MD 21742

Price

$518,300

Rent

$2,955

CachFlow

-$825

CoC

-9.1

Full Analysis

100 Regent Cir, Hagerstown, MD 21742

Price

$424,990

Rent

$2,360

CachFlow

-$747

CoC

-10.04

Full Analysis

11910 Wesley Dr, Hagerstown, MD 21742

Price

$325,200

Rent

$2,000

CachFlow

-$378

CoC

-6.64

Full Analysis

16458 Fairview Rd, Hagerstown, MD 21740

Price

$416,900

Rent

$2,025

CachFlow

-$792

CoC

-10.86

Full Analysis
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Hagerstown, MD Rental Market Insights

  • Median cashflow is -$792/month — careful deal selection is essential here
  • 3.7% median cap rate is typical of appreciation-focused markets
  • At 15% positive cashflow rate, Hagerstown, MD requires selective property picks
  • Mid-to-upper tier market with properties from $219,900 to $552,400
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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